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Multifamily

4436 Clara St

4436 Clara St, Cudahy, CA 90201

Listing Price: $5,250,000

Cap Rate
6.70%
Number of Units
22
GRM
9.29
Occupancy
100.0%
Price/Unit
$238,636
Price/Gross SF
$305.94
Gross SF
17,160

Investment Overview

Marcus & Millichap is pleased to offer for sale the apartment complex located at 4436 Clara Street in the City of Cudahy. The property is a 22 unit complex built in 1963 and renovated in 2023. The units are master metered for gas and electricity. The building is situated on a large lot with ample carport parking . The complex has a gated parking and pedestrian entrance. The units are all 2 bedroom one bath . Many of the units have been upgraded with new flooring, fixtures, countertops and bathrooms.

The City of Cudahy is located approximately 8 miles southeast of downtown Los Angeles and boasts one of the highest population densities of any incorporated city in the country. The city has a population of over 20,000 and over 80% of the residents are renters. Cudahy enjoys easy access to the 710 freeway which borders the city to the east. The City of Cudahy's Rent Stabilization Ordinance allows for 3% annual rent increases.

Investment Highlights

  • Excellent unit mix
  • Well maintained property
  • Large lot with ample on site parking

Exclusively Listed By

Multifamily

4436 Clara St

Listing Price: $5,250,000

Cap Rate
6.70%
Number of Units
22
GRM
9.29
Occupancy
100.0%
Price/Unit
$238,636
Price/Gross SF
$305.94
Gross SF
17,160

Investment Highlights

  • Excellent unit mix
  • Well maintained property
  • Large lot with ample on site parking

Investment Overview

Marcus & Millichap is pleased to offer for sale the apartment complex located at 4436 Clara Street in the City of Cudahy. The property is a 22 unit complex built in 1963 and renovated in 2023. The units are master metered for gas and electricity. The building is situated on a large lot with ample carport parking . The complex has a gated parking and pedestrian entrance. The units are all 2 bedroom one bath . Many of the units have been upgraded with new flooring, fixtures, countertops and bathrooms. The City of Cudahy is located approximately 8 miles southeast of downtown Los Angeles and boasts one of the highest population densities of any incorporated city in the country. The city has a population of over 20,000 and over 80% of the residents are renters. Cudahy enjoys easy access to the 710 freeway which borders the city to the east. The City of Cudahy's Rent Stabilization Ordinance allows for 3% annual rent increases.

Exclusively Listed By

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